Where do universities come from, how have they developed over the years and what are they really for? The last few centuries have witnessed much change in the shape and purpose of universities. In Britain, the last decades, and particularly recent years, have seen the university at the centre of political debate, with far reaching consequences. This lecture guided us through the history of universities throughout the world. It concentrated on the modern role of universities in Britain, exploring their purpose, and the way they are managed and financed. During the lecture, Professor Wend drew on her research background in institutional strategies that underpin successful leadership, enhance the student experience and influence university performance indicators.